National Storage REIT (ASX:NSR) 5-Year Yield-on-Cost % : 5.87 (As of Apr. 30, 2024)

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What is National Storage REIT 5-Year Yield-on-Cost %?

National Storage REIT's yield on cost for the quarter that ended in Dec. 2023 was 5.87.

The historical rank and industry rank for National Storage REIT's 5-Year Yield-on-Cost % or its related term are showing as below:

ASX:NSR' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 2.67 Med: 5.59 Max: 7.54
Current: 5.87

During the past 10 years, National Storage REIT's highest Yield on Cost was 7.54. The lowest was 2.67. And the median was 5.59.

ASX:NSR's 5-Year Yield-on-Cost % is ranked worse than
63.1% of 832 companies
in the REITs industry
Industry Median: 7.065 vs ASX:NSR: 5.87

Competitive Comparison of National Storage REIT's 5-Year Yield-on-Cost %

For the REIT - Industrial subindustry, National Storage REIT's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

National Storage REIT's 5-Year Yield-on-Cost % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, National Storage REIT's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where National Storage REIT's 5-Year Yield-on-Cost % falls into.

National Storage REIT 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of National Storage REIT is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

National Storage REIT (ASX:NSR) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

National Storage REIT 5-Year Yield-on-Cost % Related Terms

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National Storage REIT (ASX:NSR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » National Storage REIT (ASX:NSR) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

Traded in Other Exchanges

NTSGF:USA

Address

1 Eagle Street, Level 16, Brisbane, QLD, AUS, 4000

Website

https://www.nationalstorageinvest.com.au

National Storage REIT is the largest self-storage provider in Australia and New Zealand. Most of its properties are owned and operated, but it also has long-term leaseholds. Most NSR centres are in city fringe, suburban and regional areas. The industry is fragmented, mostly comprising single site owners, while the largest three players, NSR, privately owned Kennards, and the listed Abacus Storage King operate over a third of the market. NSR plans to continue acquiring and developing self-storage centres, consolidating the fragmented industry, as well generating organic growth via dynamic pricing and occupancy management. However, its large rivals are competing via similar strategies.